Industrial Water Pump Market – Global Opportunities & Forecast, 2020-2027

 The market report is a historical overview and in-depth study on the current and future market. The report also offers a basic overview of the market size, share, leading players, top regions with major countries data, and a detailed segmentation description. It investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The major players in the Industrial Water Pump Market include:

·         AR North America

·         Colfax Corporation

·         Global Pump

·         GRUNDFOS

·         Haight Pumps

·         IIT Inc.

·         Iwaki America Inc.

·         Franklin Electric

·         Roper Technologies, Inc.

·         Sulzer Ltd.

Key Drivers of the Industrial Water Pump Market:

The major factors responsible for industrial pump market growth includes the growing adoption of these pumps across various end-use industries such as petrochemicals and chemicals. The growing demand for wastewater and water treatment, followed by the rapid expansion of the oil & gas industry driven by the rising population and industrial development, are certain factors propelling the growth of the industrial pumps market size during the forecast period.

The centrifugal pumps require less maintenance, have a lower price, and are used in high-flow, along with low head application with high viscosity fluids. Additionally, the increasing investment for building efficient water infrastructure facilities, especially in emerging economies worldwide, will positively influence the market. On the other edge of the spectrum, the requirement for consistent monitoring of the pumps and higher power needs will hamper the global industrial pumps market demand.

Segmentation of the Industrial Water Pump Market:

The major regions covered in the report are North America, Europe, Asia-Pacific, and the Rest of the world. It also contains regional volume and revenue of the forecast period. Moreover, it helps the reader to understand accurate data on volume sales according to the consumption for the same years.

On the basis of product, this report displays the production, revenue, price, market share, and overall growth rate of each product, primarily split into:

·         Centrifugal Pumps

o    Axial Flow Pump

o    Radial Flow Pump

o    Mixed Flow Pump

·         Positive Displacement Pumps

o    Reciprocating Pumps

o    Rotary Pumps

o    Others

·         Others

On the basis of application, this report displays the production, revenue, price, market share, and overall growth rate of each application, primarily split into:

·         Oil & Gas

·         Chemicals

·         Construction

·         Power

·         Water & Wastewater Treatment

·         Others

On the basis of region, this report displays the production, revenue, price, market share, and overall growth rate of each region, primarily split into:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research:

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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